Riley Gold Corp. is pleased to report that the Company has significantly increased the land position of its Tokop Gold Project , located within the Walker Lane Trend , by 400% to over 21 square kilometers . The significant and strategic increase of the Tokop Project land package was designed to cover additional geological interpretation and was completed with staking of additional 160 unpatented mining claims covering [...]
Riley Gold Corp. is pleased to report that the exploration program at its Tokop Gold Project located in Esmeralda County, Nevada, is well underway. The 2020/21 program includes mapping, sampling, geophysical surveys and drilling, as well as Riley’s geological review and interpretation of previous work conducted at the Project. The Project is located within the Walker Lane Trend approximately 80 kilometers south of [...]
Riley Gold Corp. is pleased to report that the Company has closed its private placement, as previously announced on October 1, 2020 and October 5, 2020. Riley has issued 15,001,125 units at C$0.20 per Unit for total gross proceeds of C$3,000,225. Each Unit is comprised of one common share of the Company and one-half of one share purchase warrant. Each whole Warrant will entitle the holder thereto to purchase for a period [...]
Riley Resources Corp. is pleased to announce that due to investor demand it has increased the size of its private placement previously announced on October 1, 2020. Riley now proposes to issue up to 15,000,000 units at C$0.20 per Unit for total gross proceeds of up to C$3,000,000. Each Unit will be comprised of one common share of the Company and one-half of one share purchase warrant. Each whole Warrant will entitle the [...]
Riley Resources wishes to announce that it has received the approval from the TSX-V to change the name of the Company from Riley Resources Corp. to Riley Gold Corp. The Company has also received the approval from the Exchange to change the trading symbol to “RLYG”. Effective at market open on Tuesday, October 6, 2020, the Company will begin trading under its new name and symbol. As of the Effective Date, the Company’s [...]
Riley Resources is pleased to announce that it has executed multiple agreements to option and acquire two Nevada gold projects, located within two premier precious metals trends: the Battle Mountain-Cortez-Eureka Trend and the Walker Lane Trend. The Company is also pleased to announce a non-brokered private placement of up to 10,000,000 units at C$0.20 per Unit for total gross proceeds of up to C$2,000,000 (the “Private [...]
Riley Resources is pleased to announce the appointment of Dr. Stuart Smith to the Board of Directors. Dr. Smith has 30 years global exploration experience spanning the spectrum from global project generation to mine geology with a track record of discovery in brownfield and greenfield arenas. Most recently Dr. Smith was Technical Director – Strategy & New Projects for Teck Resources Ltd., based in Vancouver, Canada. In [...]